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Canada Mortgage Blog

Mortgage Rates

May 14 2011
I updated my mortgage rates today, they are as follows:

Products Bank Rates Our Rates
1 yr Fixed 3.75% 2.75%
2 yr Fixed 4.05% 2.49%
3 yr Fixed 4.65% 3.09%
4 yr Fixed 5.14% 3.09%
3 yr ARM 2.45% 2.85%
5 yr Fixed 5.89% 3.22%
5 yr ARM 3.05% 2.6%
7 yr Fixed 6.80% 4.49%
HELOC 4.00% 3.25%
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Posted in Mortgage Rates

Carney Plots Cautious Rate Path

June 02 2010

Jeremy Torobin Globe and Mail  

Mark Carney is taking a cautious approach to raising

Posted in Mortgage Rates

Big banks raise mortgage rates in sign era of historically low rates ending

April 01 2010

 Sunny Freeman, The Canadian Press TORONTO - Rising mortgage rates announced Monday signal the end of historically low home borrowing costs and present Canadian consumers with a dilemma: either stay flexible, hope for the best and ride out the next several months or lock in to long-term loans.

Three big banks raised their mortgag...

Posted in Mortgage Rates

RBC, TD hike mortgage rates

March 29 2010

Royal Bank and TD Canada Trust announced Monday they are increasing several mortgage rates by up to 6/10ths of a

Posted in Mortgage Rates